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FHA Loans in San Marino
What's the monthly payment on an FHA loan in San Marino?
On a $750,000 FHA loan at 5.875% interest, principal and interest run $4,437 per month. Rates vary by borrower profile and market conditions.
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San Marino's median home price is $3,449,500 with 29 active listings. Homes sell in about 36 days on average.
At 5.875% interest, a $750,000 FHA loan carries a $4,437 monthly payment for principal and interest. Rates vary by borrower profile and market conditions.
5.875%
Interest rate
$4,437
Monthly P&I
580
Minimum credit score
$27,202
Down payment (3.5%)
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FHA requires a minimum 580 representative credit score for a primary residence. You'll also need a maximum 96.5 percent loan-to-value ratio, which means 3.5 percent down.
Your housing debt-to-income ratio cannot exceed 31 percent for a primary residence. Your total debt-to-income ratio cannot exceed 43 percent for a primary residence.
Local decision guide
Use this guide to connect fha loans eligibility, lender expectations, and local market factors before comparing payment options in San Marino.
San Marino's median home price is $3,449,500 with 29 active listings. Homes sell in about 36 days on average.
At 5.875% interest, a $750,000 FHA loan carries a $4,437 monthly payment for principal and interest. Rates vary by borrower profile and market conditions.
FHA requires a minimum 580 representative credit score for a primary residence. You'll also need a maximum 96.5 percent loan-to-value ratio, which means 3.5 percent down.
Rate check
Tell us the price range, down payment and credit range you are working with. We compare every lender we work with and show you the options side by side.
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FHA loans are written by brokers and retail lenders across California. Brokers like SRK CAPITAL shop your file across wholesale lender partners to find the best rate and terms.
Underwriting focuses on your credit history, income documentation, and the property itself. FHA appraisals are stricter than conventional, and mortgage insurance applies for the life of the loan when you put down less than 10 percent.
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FHA makes sense in San Marino when you have solid income but limited savings. The 3.5 percent down requirement opens doors that conventional 5 to 20 percent down would close.
San Marino's median price is $3,449,500, well above the $1,249,125 FHA limit for 2026. Your rate will reflect that risk premium, but FHA's lower credit floor still wins for many buyers.
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Conventional loans typically require 5 to 20 percent down and a higher credit score. FHA's 3.5 percent down and 580 minimum score open the door faster, but you'll carry mortgage insurance for the life of the loan.
The rate difference between FHA and conventional varies by lender and borrower profile. Call SRK CAPITAL for today's conventional quote to compare against your exact credit and down-payment level.
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LA County placed LAUSD under heightened fiscal oversight due to concerns about the district's ability to meet future financial obligations. For homebuyers, stable school funding affects long-term property values.
San Marino sits in a high-cost area where the FHA limit is $1,249,125 for 2026. Most purchases here exceed that cap, making jumbo or portfolio financing the realistic path.
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FHA lending in Los Angeles County remains steady as buyers balance affordability against rising home prices. Brokers compete on rate and service because wholesale lender networks offer different speed and flexibility.
SRK CAPITAL's FHA closings average 17 to 21 days. Expedited files close in 10 days when conditions are clean and appraisals come back fast.
FAQ
On a $750,000 FHA loan at 5.875% interest, principal and interest run $4,437 per month. Rates vary by borrower profile and market conditions.
No. FHA requires only 3.5% down for a primary residence. Conventional loans typically ask for 5 to 20% down.
No. The 2026 FHA limit for Los Angeles County is $1,249,125. Purchases above that amount require jumbo or portfolio financing.
FHA requires a minimum 580 representative credit score for a primary residence. Lenders may have overlays above that floor.
Yes, but only if you put down 10% or more. Below 10% down, mortgage insurance runs for the life of the loan.
Programs for first-time buyers that allow lower down payments and more forgiving credit and income rules.
Explore refinancing options to lower your rate, tap equity, or switch loan terms.
SRK CAPITAL in Los Angeles County
Our team of licensed mortgage brokers works Los Angeles County every week. Tell us where you are in the process and we will map out the loan, the timeline and the money you need at closing, with no obligation.
What working with us looks like
Licensed mortgage brokers
You talk with a broker, not a call center, from the first question to closing day.
17-21 day typical close
Most purchase loans close in 17-21 days once your paperwork is in.
Every county in California
We work across the state, including Los Angeles County, so local limits and rules are already familiar.
Financing solutions for rental properties, fix-and-flip projects, and real estate portfolios.
Mortgage programs with alternative income documentation for business owners and freelancers.
Federally insured or guaranteed programs (FHA, VA, USDA) that let lenders accept lower credit scores and smaller down payments.
Traditional mortgage options meeting standard lending guidelines with various term structures.
Alternative lending programs for borrowers who need flexible documentation or unique loan structures.
Side-by-side comparisons to help you choose the right mortgage program.
This page is for educational purposes only and does not constitute financial, legal, or tax advice. Mortgage rates, terms, and program availability can change and vary by borrower and property. Consult a licensed mortgage professional for guidance on your scenario.